Determine how much of good will be produced


Problem

Suppose there is an external cost associated with production of a certain good. What's wrong with letting the market determine how much of this good will be produced?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Determine how much of good will be produced
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